Welcome to Africanews

Please select your experience

Watch Live

News

news

Gabon unveils new 130 million euros port

Gabon unveils new 130 million euros port

Gabon

Few  weeks  to  the  presidential  election  in  Gabon, President  Ali  Bongo  Ondimba,  inaugurated    a  new  harbour at  the  outskirts  of  Libreville  port on Wednesday.

The  cost of the construction of the harbour is reported to be more  than  130  million euros.

Bongo diversified economic partners of Gabon since he was elected in 2009 after the death of his father.

He also took measures to remove the country from its dependence on oil resources that make up its wealth since the 1970s.

Sectors such as construction, forestry and mining, have attracted investors, including Asians.

The new port, already in service, includes an ore terminal used for manganese, of which the country is the world’s 2nd largest producer, and a versatile terminal for the storage and transit of aggregates (sand, gravel, wood processing products, etc…).

In total, the GSEZ, Gabon Special Economic Zone, was said to have invested about 450 million euros for the construction of the ore port and a commercial port (containers and cargo) which should be functional from 2017.

Ali Bongo Ondimba is running for a second term in the presidential election on August 27.

View more